Modern Australian
Business Coach
.

Hidd Town in Bahrain: a historic location and a futuristic investment hub

  • Written by News Company


Considered to be one of the most ancient areas of the Kingdom of Bahrain, Hidd Town is a sand spit located in the southeastern corner of Muharraq Island northern of the island kingdom.

Spanning 15 square kilometers, the town houses more than 14,500 thousand people in buildings that vary from ancient houses whose architecture reflects its history and culture to luxurious towers.

The town is considered to be a potential location for a vital trade hub not only in Bahrain but in all of the Gulf Cooperation Council region. This is due to many projects that have been launched in the recent years to further develop the area, in addition to the land reclamation plan executed by the government which was the main reason behind expanding the town’s area to be 15 square kilometers.

However, the most prominent projects Hidd Town is known for housing might be Khalifa bin Salman port and Hidd Industrial Area; the latter is the biggest industrial area in the Bahraini kingdom so far and it houses the water distillation plant that is responsible for providing 75% of the fresh water needs of the citizens of Bahrain. In addition to that, Hidd Industrial Area comprises a large power plant and a dry dock for building and repairing ships.

All of this has had a positive impact on the investments in Hidd Town, especially in its local property market which has witnessed significant growth lately through many launched residential projects. Currently, the average price for purchasing a furnished two-bedroom apartment in Hidd ranges between 58,000 and 60,000 BHD. On the other hand, land plots in Hidd have an average price of 300,000 BHD.

One outstanding example of the area’s property market growth is Hidd Heights, a 13-storey residential tower that is currently being developed by Bin Faqeeh, the leading Bahrain-based real estate developer.

Situated near Prince Khalifa Park near Khalifa bin Salman Causeway with a location that overlooks the sea, Hidd Heights spans more than 27,000 square meters of space which comprise 189 residential units that vary between studio apartments, one-bedroom apartments, and two-bedroom apartments.

In addition to the apartments, the tower features multiple high-end amenities including a lobby in the that offers a mesmerizing view of the sea, a swimming pool, a nursery, separated gyms for men and women, a private cinema, as well as two retail shops in the ground floor.

The tower is considered a lucrative investment due to its strategic location which grants its residents a quick access to both Hidd’s coast, the highway, and Khalifa bin Salman Causeway. Not to mention its proximity to such vital destinations such as Bahrain International Airport (5 minutes away) and the lively downtown of the Bahraini capital Manama and King Fahad Causeway (10 minutes away) which is the main land road connecting both the Bahraini and the Saudi Arabian kingdoms.

With the current ongoing development under which Hidd town is going, it is expected that its potential as a futuristic hub of industry and investment is only going to grow stronger. Thus, it is expected to see more futuristic projects launched in the historical area in the near future.

Business

Shine On: Choosing the Perfect Glass Splashback Colours

In the realm of kitchen design, the selection of a splashback is more than just a practical consideration to protect your walls from splashes and spills; it's a significant aesthetic...

Creating a Multifunctional Office Space on a Budget

In today’s fast-paced world, having a functional and flexible office space is key to productivity and efficiency. However, not everyone has the budget for an extensive office renovation. Fortunately, creating...

Maximising Space with Style: Smart Furniture and Storage Solutions

In today's fast-paced world, the importance of a well-organised and aesthetically pleasing living or working space cannot be overstated. Whether you're decorating a tiny apartment or optimising an office, the...

Creative Solutions for Maximising Space in Small Offices

In today's fast-paced business world, the efficiency of space utilisation can significantly influence productivity and workplace satisfaction. This is especially crucial in small offices where every square foot counts. By...

Transformers for Outdoor Operations: Choosing the Right Type

Transformers are essential for outdoor work, whether running outdoor lights, machinery, or other tools. But because there are so many choices, you are spoilt for choice. This can make it...

Partnerships Between US and India to Uncover 3000 Crore (INR) Crypto Scam

Recently the Enforcement Directorate with US authorities to conduct a research operation in Uttarkand In a recent development, the Enforcement Directorate (ED) of India, in collaboration with US authorities, started...

Tomorrow Business Growth